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Strategies & Market Trends : The New Economy and its Winners

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From: Bill Harmond4/7/2014 10:12:15 AM
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07-Apr-14 07:52 ET In Play Netflix upgrade details -- to Outperform at Oppenheimer; tgt $419 (337.31 ) : Oppenheimer upgrades NFLX to Outperform from Perform and sets target price at $419; the recent sell-off in high-beta Internet and technology stocks has created a buying opportunity in certain stocks in our coverage universe Recent headlines related to NFLX include AMZN set-top box (STB) launch, with unfounded speculation of AMZN launching a free video service. They think the AMZN STB will actually be a positive for NFLX, as a featured application. YELP headline risk mostly "noise," in their view.
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